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Introduction to the Financial Management of Healthcare Organizations, Sixth Edition (Gateway to Healthcare Management) 6th Edition
BZD 28
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Michael Nowicki is a professor of health administration, Texas State University, San Marcos, Texas
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What Stands Out
Product Details
- Written by Michael Nowicki, a professor of health administration with extensive experience in healthcare organizations
- Winner of numerous awards for teaching, research, and service
- Noted speaker and author on healthcare financial management
- Author of Introduction to the Financial Management of Healthcare Organizations published by Health Administration Press
- Teaches Critical Financial Skills for Hospital Success and Healthcare Finance as faculty for ACHE seminars
- Highly respected and trusted resource in the field of healthcare financial management
| Publisher | Health Administration Press |
| Publication date | June 1, 2014 |
| Edition | 6th |
| Language | English |
| Print length | 458 pages |
| ISBN-10 | 1567936695 |
| ISBN-13 | 978-1567936698 |
| Item Weight | 2.15 pounds (980 grams) |
| Dimensions | 8 x 1 x 10 inches (20.3 x 2.5 x 25.4 cm) |
Who Should Buy?
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Healthcare Students
Ideal for students studying healthcare management, providing foundational financial principles relevant to their field.
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Finance Professionals
Useful for finance professionals working in healthcare, offering insights on financial management specific to organizations.
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Healthcare Administrators
Beneficial for administrators seeking to improve their financial acumen within healthcare organizations and enhance management skills.
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General Business Students
May not meet the needs of students focused on general business management without specific interest in healthcare.
Product Description
Introduction to the Financial Management of Healthcare Organizations, Sixth Edition (Gateway to Healthcare Management) 6th Edition
About This Item
Introducing the "Introduction to the Financial Management of Healthcare Organizations Gateway to Healthcare Management 6th Edition" - the definitive guide for healthcare professionals and students seeking to enhance their understanding of financial management in the dynamic healthcare industry. This comprehensive book covers all aspects of financial management in healthcare organizations, providing a gateway to successful healthcare management. Whether you are a healthcare administrator, involved in healthcare finance, or simply interested in the financial aspects of healthcare, this 6th edition is a must-have resource. Explore the intricate details of healthcare financial management, from budgeting and financial analysis to revenue cycle management and strategic planning. Gain valuable insights into the unique financial challenges faced by healthcare organizations and the strategies employed to ensure fiscal sustainability. Authored by industry experts, this edition takes you on a journey through the evolving landscape of healthcare management.
It examines the role of financial management in healthcare organizations and how it influences decision-making and operational efficiency. With real-world examples and case studies, it provides a practical understanding of financial management principles applicable to healthcare organizations of all sizes. The "Introduction to the Financial Management of Healthcare Organizations Gateway to Healthcare Management 6th Edition" is an invaluable educational tool for healthcare management professionals. It equips you with the knowledge and skills needed to navigate the complex financial landscape of healthcare and make informed decisions that drive organizational success. Whether you are a seasoned healthcare professional or a student embarking on a career in healthcare administration, this book will be your go-to resource for mastering financial management in the healthcare industry. Don't miss out on this essential guide.
Enhance your healthcare management education, broaden your understanding of financial management, and unlock the gateway to success in the world of healthcare organizations.
Customer Questions & Answers
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Question:
What topics are covered in the 'Introduction to the Financial Management of Healthcare Organizations'?
Answer: The text covers essential topics such as financial analysis, budgeting, revenue cycle management, and financial decision-making processes specific to healthcare organizations. This comprehensive approach helps readers understand how to manage finances effectively in a dynamic healthcare environment, prepare for audits, and work on cost-containment strategies. For example, students or professionals pursuing a career in healthcare administration can utilize this knowledge to efficiently oversee departmental budgets or enhance financial transparency within their organizations. -
Question:
Who is the target audience for this book?
Answer: The book is designed for healthcare administrators, finance professionals, and students enrolled in healthcare management programs. Its structured approach equips aspiring managers with the financial acumen needed to navigate the intricacies of healthcare finance. For instance, a healthcare MBA student can use this textbook as a core resource to refine their skills in managing fiscal responsibilities within healthcare organizations, setting a solid foundation for their future career. -
Question:
How does this edition differ from previous editions?
Answer: The sixth edition incorporates updated data, revised case studies, and new insights into today's financial challenges in healthcare. This keeps the content relevant, providing insights into contemporary financial practices. Readers can apply this knowledge to real-world scenarios, such as adjusting financial strategies based on current regulations or trends affecting healthcare funding, thereby ensuring they are well-prepared for modern challenges in the industry. -
Question:
Does this book include case studies for practical understanding?
Answer: Yes, the book features case studies that exemplify real-life financial situations faced by healthcare organizations. These case studies allow readers to analyze and apply financial concepts in practical settings, which can greatly enhance learning. For example, a healthcare finance professional may review a case study on budget overruns to identify key metrics and strategies that could prevent similar issues in their organization. -
Question:
Is there an online platform for supplementary materials related to this book?
Answer: Many editions of textbooks like this one come with access to supplemental online resources, which may include quizzes, financial models, and interactive tools. These resources are valuable for reinforcing concepts learned in the book. For students, these platforms provide a way to prepare for exams through interactive simulations that replicate financial decision-making scenarios in healthcare management. -
Question:
What skills can readers expect to gain from this book?
Answer: Readers can expect to gain skills in financial management, analytical thinking, and strategic planning tailored to the healthcare sector. Practical insights into managing costs, analyzing financial reports, and making informed decisions about resource allocation are particularly beneficial. For instance, a hospital administrator may refer to these skills when developing strategies to improve operational efficiencies and ensure sustainable financial health for their institution. -
Question:
Are there any prerequisites for understanding the content of this book?
Answer: While the book is accessible to beginners, a basic understanding of financial concepts can enhance comprehension. Familiarity with accounting principles or prior coursework in healthcare management would be beneficial. For example, nursing professionals looking to shift into administrative roles may find this book especially useful to bridge the gap in their financial knowledge and prepare for management responsibilities. -
Question:
Can this book be used as a textbook for college courses?
Answer: Absolutely, this book is often recommended as a primary textbook in healthcare finance and management courses. Its structured presentation of financial principles and healthcare-specific examples makes it an ideal choice for academic settings. Instructors teaching healthcare administration courses can utilize this book to equip students with the foundational knowledge necessary to thrive in their future careers. -
Question:
What is the importance of financial management in healthcare organizations?
Answer: Financial management is crucial for ensuring that healthcare organizations operate efficiently and sustainably. It enables organizations to allocate resources effectively, manage budgets, and maintain compliance with regulations. As the healthcare landscape continues to evolve, understanding these dynamics can help a practice respond to market changes, maximizing both patient care and financial performance. -
Question:
Where can I buy 'Introduction to the Financial Management of Healthcare Organizations, Sixth Edition' in Belize?
Answer: You can buy 'Introduction to the Financial Management of Healthcare Organizations, Sixth Edition' on Ubuy, which specializes in providing a wide selection of books and educational resources tailored to various needs. Ubuy is known for its reliable service and user-friendly platform, making it an excellent choice for acquiring this essential text in Belize.
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Features & Benefits
- Award-winning professor in health administration
- Taught in numerous universities and healthcare-related associations
- Holds various administrative positions in healthcare organizations
- Noted speaker and author on healthcare financial management
- Serves as ACHE faculty and authored Introduction to the Financial Management of Healthcare Organizations
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